Could Apple still have iPhone surprise up sleeve?
By Dan Gallagher, MarketWatch SAN FRANCISCO (MarketWatch) — Apple Inc. is widely expected to lift the wraps on a new iPhone model next week, updating a product line that has become the largest and most lucrative business for a company historically known for its iconic Mac computers. Reuters Steve Jobs speaks in April at an iPhone OS4 special event at Apple headquarters. But Apple /quotes/comstock/15*!aapl/quotes/nls/aapl (AAPL 259.62, +1.53, +0.59%) may struggle to maintain the enthusiasm that has whetted investors’ appetites and driven its shares to strong gains this year. Previous announcements and an embarrassing and high-profile media leak two months ago may have left the company with little in the way of fresh news to kick off its Worldwide Developers Conference in San Francisco on Monday. Apple has been known in the past to surprise audiences, though, so company observers do not discount the possibility that there may yet be a surprise or two in store. Though the week-long event